G7 leaders push to cap oil prices – POLITICO

Press play to listen to this article ELMAU, Germany — Behind the free-trade façade of the G7, there is now more than a whiff of Gosplan, the former Soviet central planning committee. Like price-setting apparatchiks, the leaders of the G7, the world’s industrialized democracies, gathered in the Bavarian Alps for their annual meeting with a … Read more

Israel’s Foreign Minister Criticizes EU’s Borrell Over Iran Outreach – POLITICO

Israeli Foreign Minister Yair Lapid has lashed out at EU foreign policy chief Josep Borrell over a visit to Tehran aimed at reviving negotiations on the Iran nuclear deal, which Israel has long opposed. time and tried to undermine it in any way possible. As a courtesy, Borrell contacted Lapid ahead of his visit to … Read more

How hard should China be pushed in a crisis? – POLITICAL

When the leaders of the G7 group of major developed economies meet in the Bavarian Alps on Sunday, they will have very different views of how difficult it is to take on China just as the world appears poised to descend into a major economic crisis. Amid fears of recessions and looming crises over energy … Read more

Former Pharmaceutical Communications Director Pleads Guilty to Insider Trading

The former head of corporate communications for New Jersey-based biotech company Immunomedics pleaded guilty in federal court Wednesday to an insider trading scheme involving a proven breast cancer drug. in premarket clinical trials. Lauren S. Wood, 33, of Washington, DC, pleaded guilty to one count of securities fraud in Newark, Jersey. Wood, who is scheduled … Read more

EU champion Airbus has deep ties to China’s military industrial complex, report says – POLITICO

Press play to listen to this article Europe’s leading aircraft maker, Airbus, has advanced technology sharing and manufacturing deals with entities linked to China’s state military apparatus, a new report shows. The findings will raise questions about how long Europe’s aviation champion can continue to secure its strong position in the Chinese market with such … Read more

How Russia can defeat EU sanctions – POLITICO

Press play to listen to this article Europe has deployed an unprecedented arsenal of economic sanctions against Moscow in a bid to weaken Russia’s economy and force Vladimir Putin to abandon his war in Ukraine. But as the export bans take effect in the coming months, Russia will begin to crave banned goods that are … Read more

African Union chief urges EU to ease food payments to Russia – POLITICO

Senegalese President Macky Sall, who currently chairs the African Union, called on Brussels on Sunday to provide some leeway for African countries to pay for grain and fertilizer imported from Russia despite EU sanctions that exclude Russian banks. of international payment systems. “We want to pay, but it is becoming impossible. So we ask the … Read more

Anthony Albanese calls on China to lift trade sanctions before Canberra and Beijing can start rebuilding trade partnership

Prime Minister Anthony Albanese has stated that China will need to make at least one big move before his government considers improving relations between Canberra and Beijing. Prime Minister Anthony Albanese wants China to lift its trade sanctions against Australia before considering repairing the relationship. Foreign Ministry spokesman Wang Wenbin insisted a day earlier that … Read more

Australia liquidates French sub-snub for 555 million euros – POLITICO

Australia said it had agreed to pay France’s Naval Group 555 million euros to resolve a dispute between the two countries over a canceled submarine contract. Canberra decided to scuttle a €90bn submarine deal with the state-controlled French company last year to pursue an alliance with the US and UK, known as AUKUS, which will … Read more

Boris Johnson’s new Brexit bet – POLITICO

Press play to listen to this article LONDON — Hurt by his party and with his leadership in jeopardy, Boris Johnson is once again searching for the Brexit button. This week, the British prime minister put the finishing touches on controversial legislation that would unilaterally rewrite parts of the Brexit divorce deal he negotiated with … Read more